 |
January 11, 2018, 10:06:59 AM |
|
Warren Buffett, a US billionaire and investor, said he believes the last of the virtual currencies will be "bad."
The 87-year-old Buffett, who is said to be the richest third person in the world, has been evaluating virtual currency like Bitcoin on the US CNBC television channel.
Buffett, in his statement, stated that "there is no information about how and when this happens, while using the phrase" I can say strictly about crypto money, which will result in bad. "
Indicating that he did not make purchases in Bitcoin futures, which was presented to the market last month, Buffett also said he did not take long or short positions in these futures.
In a statement he made at the end of November, Buffett stressed that Bitcoin is not a value-producing entity, and that Bitcoin is a real value, "joke" and crypto money market as "balloon".
Experts warn that virtual currencies have risen so fast that they have become popular last year, warning that investors of hard falls in crypto paranoids may soon suffer huge losses.
|
